According to the data 30% of new business fail during the first two years and 66% during the first five years. Reasons are numerous, but not every new business need to fail. If the owners implement appropriate planning, financing and provide flexibility, then they have better...

In order to save money when creating a website, many people opt to use website development software like the one provided by WordPress but even if they do create their own website using software like this, they will still have to pay for a domain name and a host. The domain name is the title which has been given to websites and is the thing that makes them unique, as no 2 sites can have the same domain name. The host is the servers that will link your website to the worldwide web and thereby ensure it is visible for all to see. Godaddy is a site which can provide you with both those things at a very reasonable price but even so, in order to save even more, go online where there are several sites which can provide you with discount or promo codes for Godaddy. Godaddy is one of the most popular sites for these and they have already provided over 62 million domain names and host many websites. Getting a good domain name is important as it can tell a potential visitor what the site is about and if it is catchy, it can also be easy for them to remember so that they can easily visit again. A business website is intended of course to attract more potential customers and so if the domain name is something like cobblers.com, a potential visitor will expect it to be a website about shoes. As more than 50% of online business is made by returning visitors to a website, having a name which is memorable can be a huge advantage but as there are already so many websites online, you may not be able to get your first choice as that may already be taken and so think of 3 or 4 possible names, all of which will be as relevant as each other and if you have problems with that, Godaddy is willing to assist you in finding a name that will be perfect for your site. Although your domain name will help people to know what your site is about, they still have to see it in the first place and that, without the assistance of SEO, is something they may never do. SEO is the shortened term for Search Engine Optimization which is what many sites today use to make them more visible online. When any web search is made the search engine will display hundreds of results but it is only the first few that ever get visited and so what SEO does is ensure that a particular website is listed at the top of any relevant search listing and therefore stands a far better chance of being seen by more people. SEO can also provide links to your site from other sites and if those sites containing your website’s link are popular, it could increase the number of visitors to your site immensely which in turn could increase your business.

Rooms or sets of rooms which have specifically been designed or altered to be ideal for taking photographs are called photographic studios and apart from the owners, usually professional photographers using these studios, many of them are also available to be rented by the hour or day by people that would like somewhere to take their own photographs. An example of this type of studio in London is http://proimagestudio.biz/ which has two rooms specially equipped as photographic studios. Each of the studios has their own props but anyone that rents the studio can bring more of their own should they wish to.

Although most of the people that rent these studios are themselves professional photographers and so they have their own equipment, the studio does offer equipment rental such as cameras to those that do not have the appropriate photographic equipment for the type of photos they propose to take. Once the studio owner knows what type of photos you propose to take, they can advise you as to how long you should probably rent the studio for, for example, a portrait photograph will not require that you rent the studio for as long as you would have to if you were proposing to take some fashion or glamour photos.

As to the non-professional, studio lighting can be a little tricky in order to get it to be as effective as possible, some studio owners are available to give advice, at an extra cost of course but even so, it may be beneficial if you want the best possible photographs. Of course you could go all the way and forget about taking the photographs yourself and hire the studio and the photographer to take the photos for you. If you do that, not only can it work out almost as cheap as there will be no need to rent any equipment but you will also be assured of some near perfect photos.
In these modern times when everybody owns a cell phone and those cell phones have cameras on them, most of us are used to taking photos but the photos we take with our phones are hardly appropriate for formal photos which need to be of a very high standard.

For this reason many photographic studios still enjoy good business despite everyone having their own cameras. Recently there has been a growing trend for couples getting married to not only hire a professional photographer to take pictures during the ceremony and the reception but also to take some more formal photos of the happy couple, which requires that the photographer use their studio or if they don’t own one; look for one to rent in order to be able to comply with the couple’s requests. This is not just a growing trend with newlyweds though as graduating students are also requesting formal photos as well as the traditional ones of them walking up to the stage. Despite the fact that everyone has cameras, if this trend for wanting formal photographs continues, professional photographers can look forward to abundant work well into the future.

According to the data 30% of new business fail during the first two years and 66% during the first five years. Reasons are numerous, but not every new business need to fail. If the owners implement appropriate planning, financing and provide flexibility, then they have better chance to survive. We will present you some of the biggest mistakes owners make and help you overcome them.

Owners don’t research the market

For example, you always wanted to open the company and you finally have the necessary funding. You are driven by the blind desire, and you overlooked the fact that area in which you are planning to open the company is already crawling with businesses similar to yours. In this case, you will have a hard time making a break through. This is one of the mistakes that will cause you to fail. You need to find a business that will be a new opening, instead of convincing people to spend money on your product.

Business plan

If you want to have a successful business, you need to have a solid business plan. Your plan needs to contain realistic goals, but also you need to include a step of who you are going to achieve them. Problems will certainly appear along the way, but your business plan must be able to resolve them.

Once you have created a plan, you must follow it. If you start changing something or spending too much, you are going to fail. This is only possible if you find the plan inaccurate and you need to change some strategies. But, in this case, you need to rewrite the plane and create a one that will suit your needs. It is better to change right at the beginning than to change the strategy of your business. Because it will cost you more money. If you make more mistakes, you will have bigger chances to fail.

You don’t have enough funds

For example, you have started a business, along with the way some problems occurred and things aren’t going according to plan. You had some small capital; your business is now surviving, and you cannot ask a loan. You need to be more realistic at the beginning. Start your business where you will provide enough money, so you can overcome all the difficulties and problems. You need to have sufficient amount of money until your business is running smoothly and you have actual cash flow. If you are trying to stretch the money at the very beginning, this means your business will never grow, and you will have difficulties to survive.

Bad location, bad marketing, and bad internet presence

If your job depends on location, then you need to have a place where there is a lot of foot traffic. The internet is equally important as the location. If you don’t have a website or page on some social media, then that is same like you are invisible. Online presence will provide people to get familiar with your services and products. They can see what you are offering and get them insight in your business.